Bitcoin Forum

Hold On for Dear Life = Bitcoin's strategy to hold by moving a number of assets into a Bitcoin wallet - to stay safe until it's decided to use it or sell it.
Investors who put their money in digital currencies like Bitcoin must be patient to face the fact that the latest trends show a decline in cryptocurrency values. Even so, this does not necessarily make Bitcoin owners panic and rashly release all of its assets in digital currency.

Increasing and decreasing markets are reasonable because they prove that the market has many fans and the market is very active. Some people cannot tolerate the rise and fall of the value of Bitcoin. "If it makes you see the roof at night for no reason, it's better not to have it at all." that's what I think.

Undeniably, digital currency is the future. You have to prepare it for years, we have seen how much the initial price of Bitcoin was launched, until now.

The following is a graph that shows bitcoin prices from 2012 to 2017
https://i.imgur.com/Dpnnoox.jpg

I will still hold the coins I have, and still trust in Bitcoin.

If you can afford to hold onto your bitcoins, by all means, go! The way I see it, prices will go past the 20k mark. I guess only time will tell when that day comes. Many were skeptical of the crypto when it first came out. Well, i hate to say I told you so but it looks like Bitcoin is only headed towards one direction--with the occasional hiccup, of course. Bitcoin is not the faint-hearted  :D

Personally, I think HOLDing your bitcoin for future sales is a good ideas even though this idea requires a lot of patient- it may take  days,weeks, months, or a fews years. That is why you should not put all your eggs in this BUBBLE GAME.

We still don't know the future of Bitcoin. I can wait and hope bitcoin shows the increase as we expect.

Hey hodl is the universally accepted policy of Bitcoin holders, this strategy has stood the test of time and has always rewarded those who followed it. If you have observed whenever fud hits the markets, or price drops happens people panic and immediately rush to sell their coins, but holders stay put they do not make rash decisions cause they know in long run they'll earn a lot. If you see the charts of of 2009 till date people have got super high returns which no asset can ever match. Though this year been difficult I'm sure in the long run all those who have hold on to their coins will be rewarded.

I trust and holding my bitcoin until it goes back again to 10K+ usd. What I am trying to trade - buy and sell - are the alts, but bitcoin will always be on my portfolio, no matter what happened.

Well Holding on to your bitcoin is really a good thing and I think a long-term investment to bitcoin is a profitable thing to do, Giving you faith in this coin will be a good income for your future, I am saying this because of the good services and security provided by bitcoin is really where you can see it from the past movement of its value, I really consider investing in it while its price is still cheap.

I believe in the hodl approach in order to uphold the value of bitcoin on the market. This is the best strategy to avoid being deceived in selling at a cheaper price far lesser than bitcoin deserves. HODL now and I bet you would never regret your decision to do so.

I completely agree with you, I just like you hold bitcoin and know for sure that it will give a very good profit in the future

Yes, sir, the time has proven and we can only predict and hope.


Yes, I think, you know more about the principle of investing in cryptocurrency, using money that does not affect our lives, that is what we should do.
I see many people who are still risking and selling property to move investment to cryptocurrency, that's bad.
And in the end they gave up because they could not survive waiting for the right time. :-\

If you have taken your time to study the movement of bitcoin from the unset you will realizes that instability is part and parcel of the bitcoin market and price and if you don't really understand how this volatility works you may get frustrated by it and at some point feel like giving up on crypto/bitcoin, but my advice is try to equip your self with this knowledge of price volatility before you even invest your cent in bitcoin.

This is a good decision for you. You have to hold for life and as long as possible. Since we are now almost certain that digital currency is the future, it will be a good risk saving your assets in Bitcoin or digital currencies.

Yh.  It's good to hold on for sometime especially this period where the market is very unhealthy to even sell. Traders need to hold on and wait for sometime before going further to sell their coins.

HODL is not an acronym for "hold on for dear life",that is a negative connotation that was recently used by CNBC in their bitcoin mockery documentary- that bitcoin was nothing more than a speculative bubble.
The correct and generally consensus of us bitcoin advocate is that HODL simply a deliberate misspelling of Hold.
In any case, HODL has value, the price of bitcoin in the last one year will show that hodlers are still In profit

Thanks for sharing the interesting information, which will be of use for me because I am going to invest in btc as i believe that it will be the leader in the market for long and this will happen soon

A safest way is hodling your bitcoin until you are decided to sell off your bitcoins. But just to remind you that always set how much profit you have to take before to finally sell it. However, transferring your btc into your wallet is also a good way for hodling with in fact we know that we can just gain profits when the bitcoin is inflation is done.

Hodl is what we need to do to bring back the faith in crypto, which in turn will bring back the investors. The chart is a great pictorial of where bitcoin has come from and where it will go next. It can easily go past $20K when the time and conditions are right.

WRONG.
an investor must know what he is doing. "having patient" is a dumb suggestion that newbies who don't understand the market dynamic give each other to put some band aid on their wounds caused by their bad decisions such as investing in shitcoins that got dumped on them.
what you need is "knowledge and experience" not "patience".

it depends on the market and the type of rise and falls.
if you are talking about bitcoin and the rallies and corrections then what you say makes sense but you seem to be mentioning bitcoin but you are talking about all cryptocurrencies at the same time which is WRONG again. altcoins and their pump and dumps have nothing to do with rise and falls and the only thing that proves is that there is manipulation there and should be avoided specially by newcomers.

Actually, a true believer and supporter of bitcoin are always choosing to hold until they will reach their beautiful success. The people that has a long period of experiences in this field  so they are believe that even there are a lot of difficulties that they are encountered to this system they still keep holding and has a long patience of waiting.  In fact, mostly of us has faith and believe that bitcoin will be much more successful in the near future and maybe it will lead our way to reaches everyone's dreams and desires in the future.

Smart investors has been using this strategy but it doesn't mean that its a fool proof method. Sometimes you need to dump and then re-buy when the price dip. Probably its more applicable to early bag holders because they were able to accumulate a lot. But for 2017 investors, most likely they really need to HODL for a long time to be able to see a good profit, just saying.

The question of HODL or sell is actually personal. It is based on understanding. So many people around the world rushed into cryptocurrency because of the steady value increases of the assets like bitcoin with very limited understanding. But now, that the world is moving to mass adoption of cryptocurrency, it is obvious that major corrections especially the price is looked into. This has got many caught up in severe losses.

Yet, those who truly embrace cryptocurrencies as it is, a new innovative ideas that will shape the way financial transactions will go are easier to HODL.

I personally favor and believe that the hold strategy is very effective when it comes to investment with btc as this is really good for long term investment especially for people that are not doing some trading. All you need to do is just simply buy more btc during bear market and keep filling your investment with btc after you will benefit the effect of your holding towards the end. Sacrifice in holding for the future of your btc investment since this is the only way that you could make suitable profit after the years of holding. Definitely, I observed that btc market will somehow rally in the coming months to come so don't wait for it to happen as there is still time to buy btc at this bear market in the current situation.

Many people who argue that saving bitcoin will only get losses. Such people just can't be patient because there must be a process to be successful and in the investment of bitcoin the process is called patient and waiting for the right time to be able to sell the assets that we have to make a profit. I believe that bitcoin will be a bright future so that I save some bitcoin to feel a better future later when bitcoin becomes the most sought-after asset by everyone in the world.

I think your graph are going to look a lot different when you are going to add the 2018 Bitcoin price.  ::) In any event, it does not matter what happens with the price, as long as adoption is growing.  ;)

The 2017 price spike was a unnatural event, so a price correction was inevitable. The average upward curve still shows that we are going in the right direction, so I am not too bothered with the correction phase.  ;)

Your message to "Hold on for dear life" is still very good advice.

Holding bitcoin for a long time will really gives a good income and goodlife in the near future. Many people speculate that the price will spike in the near future so that it is very good to hold our bitcoin even it required a lot of time to wait. I agree that do not ever put all your egg in one basket because cryptocurrency is not stable.

Yes I think the same way too. Holding will be the best for each of us, if you want a better future then holding is the answer especially now that the price isnt that good. Maybe bitcoin will not change the world but it may change you life for better and that is one of the best trait of holding.

i make sure i will hold ultin next year. bitcoin will go up a gain

good opinion to help people believe in bitcoin. I agree that and I am convinced that bitcoin is the best investment at the moment because I believe bitcoin and altcoim are the future for easy payment methods.

Good service and security provided by Bitcoin gives investors more confidence to hold Bitcoin as a long-term investment, you can see it from past value movements, I really consider investing in it while the price is still cheap.

You dont need to hold for year, the time will soon come when we can sell it for good price.

The best solution when investing in cryptocurrencies is to buy coins and keep them for 1-2 years

Yes, now Bitcoin has a very large community in this world, because the price of Bitcoin is very good for investing. investors increasingly trust Bitcoin as a long-term investment asset. No worries about the price of Bitcoin will fall though, because Bitcoin has stood for about 9 years. So what has been built for so long will not be destroyed. I continue to maintain my position to hold Bitcoin for the future.

Trust on our own investment is important thing because right now many fake news around market. Better ignore fake news about bitcoin because its just FUD from market to make us panic and selling our coin with cheap price. I am believe bitcoin is good investment and will give us big profits in near future

There is nothing bad in holding as long as we believe for the potential of the coin. The year is come  to end  and will see how high the price to increase on the market but before that we have to buy some more while it is still cheap so we could gain good profit. Hold and wait because we do not know what future could bring to us. I hold what I have right now and try to earn some more of it.